Merger Notification - Announcement according to § 10 Cartel Act

NewCo; Scientific Games Corporation – Lottery - BWB/Z-5823 | Bundeswettbewerbsbehörde

NewCo; Scientific Games Corporation – Lottery

BWB/Z-5823

27.12.2021

On 23.12.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

The notified transaction concerns the acquisition of sole control for merger control purposes over Scientific Games Lottery, the Lottery business of Scientific Games Corporation (US), by BCP Acquisitions LLC which is indirectly controlled by Brookfield Asset Management Inc, and ultimately at closing by NewCo, an entity to be established by three shareholders who are employees of Brookfield Business Partners LP. 

Industry sector: E - Wasserversorgung; Abwasser- und Abfallentsorgung und Beseitigung von Umweltverschmutzungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 20.01.2022.

Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.

Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.

Non-prohibition of the merger

The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 21.01.2022 .

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